That is a good view but the "key" word in your post is "The market feels" I have to correct everyone on HC about using this term. BLK has NO broker covering, NO Insto's the over all "market" is not looking at BLK its a small cap that means IF funds are looking at this its ONLY small cap funds other funds can't touch it and would not touch it as there "other" gold players they would focus on. This is based on retail buying and selling as I explained before the sell down volume from there QTR result was mostly from NAB Trade which is a retail platform.
BLK is trying to get sticky insto funds into this but the only way this is going to happen is 1. another CR 2. MK being higher. 3. a very strong book.
All I believe is in the process if we see these $100 trades go away
BLK Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
